Title: Dogecoin Founder Billy Markus Jokes About Bitcoin Crash After Halving
As the Bitcoin halving event approaches, the cryptocurrency community is buzzing with anticipation and speculation. One notable figure adding to the conversation is Billy Markus, the co-founder of Dogecoin, who is known for his love of memes and sarcasm.
Markus, who goes by the alias “Shibetoshi Nakamoto” on Twitter, recently posted a jesting Bitcoin price prediction ahead of the halving. In a tweet, he humorously asked if the halving meant that the price of Bitcoin would be cut in half. While his comment was meant in jest, it reflects the underlying fears within the Bitcoin community about the potential impact of the halving on the price of the leading cryptocurrency.
Responding to Markus’s tweet, the official Kraken exchange account clarified that a halving does not work in that way. However, Markus playfully replied, “what if it does, though,” adding a touch of dark irony to the conversation.
Bitcoin maximalist Samson Mow also weighed in on the discussion, urging the community to enjoy Bitcoin at its current price level while they can. Mow’s comments hint at the uncertainty surrounding the post-halving price action of Bitcoin, with many investors fearing a potential market downturn.
With the Bitcoin halving just around the corner, the community is eagerly awaiting the event’s impact on the price of BTC. The halving, which will see block rewards for miners cut in half, is expected to create a supply shock in the market. This reduction in supply, coupled with increasing demand from spot BTC ETFs, could lead to significant price fluctuations in the coming days.
As the countdown to the halving continues, the cryptocurrency community remains divided on the potential outcomes. While some are optimistic about Bitcoin’s future price trajectory, others, like Markus and Mow, are approaching the event with a hint of skepticism and humor.
Source: https://u.today/dogecoin-founder-expects-bitcoin-btc-to-crash-after-halving
